Procurement Cards

As a part of the procurement card reconciliation process, PeopleSoft Purchasing stages PCard prepayment voucher and regular voucher data in the voucher staging tables. The Voucher Build process then creates payments and accounting entries for the PCard transactions. You can create both the expense and payment accounting entries from the PCard transactions in PeopleSoft Payables, and you can process PCard transactions against purchase orders.

For purchase order-related transactions, the merchandising supplier is retained on the voucher line to support the matching process, if applicable.

Note:

The PCard interface between PeopleSoft Purchasing and Payables supports encumbrance accounting and Commitment Control budget-checking.

Note:

Because VAT calculation, rebate, and recovery details for PCard vouchers are maintained in PeopleSoft Purchasing, PCard vouchers in a VAT environment can produce Voucher Build process errors. These are reported on the Build Errors page and the Voucher Build Error Detail page in a similar way as other Voucher Build process errors. However, unlike other Voucher Build process errors, you correct PCard voucher errors using the Reconcile Statement page in PeopleSoft Purchasing.

PCard vouchers are excluded from these Voucher Build process pages:

• Voucher Build (VCHR_BATCH_RQST).

• Voucher Build Application Engine Process (AP_VCHRBLD).